Use the Following to Answer Question

question 126

Multiple Choice

Use the following to answer question:
-(Figure: The Optimal Consumption Bundle) Use Figure The Optimal Consumption Bundle.Which of the following could lead to an optimal consumption bundle on indifference curve I₃?

• A)an increase in income
• B)an increase in the price of restaurant meals
• C)an increase in the price of rooms
• D)a decrease in income

---

Definitions:

Goodwill Impairment

A decrease in the value of goodwill, which occurs when the carrying amount of a company's goodwill exceeds its fair value.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after intercompany transactions have been eliminated.

Equity Method

An accounting technique used when a company invests in another company and has significant influence over it, allowing the investor to recognize a share of the investee's net income.

Impairment Loss

A reduction in the recoverable amount of a fixed asset or intangible asset below its book value, recognized as a loss in financial statements.